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| Exchange Disseminated Time | | Punjab Chemicals & Crop Protection Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 11, 2011, have decided to cancel the proposal of issue of 7,50,000 Preferential Convertible Warrants (PCW) at a price of Rs. 140/- per warrant convertible into Equity Shares of Rs. 10/- each with a premium of Rs. 130/- per equity share to M/s. Hem-Sil Trading & Manufacturing Pvt. Ltd., on account of inability to comply with new proviso to sub-regulation (2) of Regulation 72 of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009. |
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